Final answer:
An AI marketing strategy should involve identifying AI-prevalent industries, incorporating diverse team expertise, establishing ethical guidelines, and understanding algorithms. Ethical consideration is crucial. Knowledge on marketing-sourced supply and demand influences aids in the effective implementation of AI in marketing.
Step-by-step explanation:
To design an AI marketing strategy, start by identifying leading industries where AI is prevalent, such as autonomous vehicles and smart home assistants. Understand that algorithms act like recipes, ensuring replicable results in processes including search engines and social media feeds. Incorporating a diverse team including social scientists and ethicists can enhance the design process. Furthermore, establish ethical guidelines and consider intentional friction in AI interactions to responsibly manage information diffusion.
Consider the ethical implications and governance within the AI sphere. Recognizing a spectrum of thought around these topics ensures a strategy that is not only effective but also ethical and socially responsible. Lastly, researching marketing strategies that affect supply and demand, as suggested on resources like OpenStax, can provide insights into how AI can be applied to marketing endeavors effectively.